no excel answers please

\begin{tabular}{lcccccc} & \multicolumn{2}{c}{ Average (\%) } & \multicolumn{2}{c}{ Standard Deviation (\%) } \\ & T-bills & Inflation & RealT-bill & T-bills & Inflation & RealT-bill \\ All Months & 5.585 & 3.635 & 1.892 & 4.007 & 2.970 & 2.895 \\ First half (1957-1988) & 7.122 & 5.196 & 1.859 & 3.973 & 3.381 & 3.047 \\ Recent half (1989- & 4.049 & 2.073 & 1.925 & 3.458 & 1.211 & 2.784 \\ 2020) & & & & & & \end{tabular} 14. Suppose that the inflation rate is expected to be 3% in the near future. Using the historical data provided in this chapter, what would be your predictions for 1. The T-bill rate 2. The expected rate of return on the stocks portfolio 3. The risk premium on the stock market